The table below looks at the prevalence of the term Credit Derivative in IT contracts advertised for the England region. Included is a guide to the average contractor rates offered in IT contracts that have cited Credit Derivative over the 3 months to 5 February 2016 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
5 Feb 2016
Same period 2015 Same period 2014
Credit Derivatives
Rank 534 522 472
Rank change year-on-year
-12 -50
Contract jobs citing Credit Derivative 46 58 99
As % of all contract IT jobs located in England 0.097% 0.13% 0.22%
As % of the Miscellaneous category 0.30% 0.40% 0.68%
Number of daily rates quoted 33 49 69
Average daily rate £600 £600 £600
90% offered a daily rate of more than £525 £525 £475
10% offered a daily rate of more than £1,100 £650 £650
UK excluding London average daily rate - £505 -
Number of hourly rates quoted 0 0 1
Average hourly rate - - £30.00
UK excluding London average hourly rate - - -
Credit Derivative
UK

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the England region.

Miscellaneous Category
England
Contract IT job ads with a match in the
Miscellaneous category
15359 14550 14638
As % of all contract IT jobs located in England 32.55% 31.57% 33.02%
Number of daily rates quoted 10021 9162 9003
Average daily rate £425 £425 £413
Average daily rate % change year-on-year
- +3.03%
90% offered a daily rate of more than £250 £250 £230
10% offered a daily rate of more than £625 £600 £600
UK excluding London average daily rate £375 £373 £350
% change year-on-year
+0.67% +6.42%
Number of hourly rates quoted 627 621 613
Average hourly rate £22.00 £18.00 £19.50
Average hourly rate % change year-on-year
+22.22% -7.69%
90% offered a hourly rate of more than £12.27 £11.50 £11.58
10% offered a hourly rate of more than £52.63 £40.00 £42.50
UK excluding London average hourly rate £24.00 £17.50 £17.50
% change year-on-year
+37.14% -

Credit Derivative
Jobs Demand Trend in England

This chart provides a 3-month moving total of IT contractor jobs citing Credit Derivative across the England region as a proportion of the total demand within the Miscellaneous category.

Credit Derivative Jobs Demand Trend in England

Credit Derivative
Daily Rate Trend in England

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Credit Derivative across the England region.

Credit Derivative Daily Rate Trend in England

Credit Derivative
Daily Rate Histogram in England

This chart provides a histogram of daily rates quoted in contract IT jobs citing Credit Derivative across the England region over the 3 months to 5 February 2016.

Credit Derivative Daily Rate Histogram in England

Credit Derivative
Hourly Rate Trend in England

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Credit Derivative across the England region.

Credit Derivative Hourly Rate Trend in England

Credit Derivative
Contract Job Locations in England

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Credit Derivative within the England region over the 3 months to 5 February 2016. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London -18 46 £600 - 7
Credit Derivative
UK

Credit Derivative
Top 30 Related IT Skills in England

For the 6 months to 5 February 2016, IT contractor jobs across the England region citing Credit Derivative also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Credit Derivative.

1 74 (97.37%) Derivative
2 45 (59.21%) Finance
3 43 (56.58%) Banking
4 38 (50.00%) Front Office
5 37 (48.68%) Credit Risk
6 35 (46.05%) Risk Management
7 29 (38.16%) Foreign Exchange (FX)
8 27 (35.53%) Investment Banking
9 26 (34.21%) C++
10 25 (32.89%) C#
11 22 (28.95%) Fixed Income
12 17 (22.37%) Mathematics
12 17 (22.37%) Market Risk
13 15 (19.74%) SQL
13 15 (19.74%) Python
13 15 (19.74%) Murex
14 13 (17.11%) Agile Software Development
14 13 (17.11%) Multithreading
15 12 (15.79%) Validation
16 11 (14.47%) XML
17 10 (13.16%) Equities
17 10 (13.16%) PhD
17 10 (13.16%) Monte Carlo Method
18 9 (11.84%) Translating Business Requirements
18 9 (11.84%) Windows
18 9 (11.84%) SQL Server
18 9 (11.84%) Risk Assessment
18 9 (11.84%) QA
19 8 (10.53%) Linux
20 7 (9.21%) Business Analysis

Credit Derivative
Top Related IT Skills in England by Category

For the 6 months to 5 February 2016, IT contractor jobs across the England region citing Credit Derivative also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Credit Derivative. Up to 20 skills are shown per category.

Applications
1 3 (3.95%) MS Visio
2 1 (1.32%) MS PowerPoint
Business Applications
1 3 (3.95%) ION MarketView
1 3 (3.95%) SunGard GMI
2 2 (2.63%) Rolfe and Nolan
Communications & Networking
1 1 (1.32%) Intranet
Database & Business Intelligence
1 9 (11.84%) SQL Server
2 4 (5.26%) Relational Database
3 3 (3.95%) SQL Server Analysis Services
4 2 (2.63%) MySQL
4 2 (2.63%) NoSQL
5 1 (1.32%) Big Data
5 1 (1.32%) Hadoop
Development Applications
1 1 (1.32%) Bower
1 1 (1.32%) JIRA
1 1 (1.32%) MagicDraw
1 1 (1.32%) Maven
1 1 (1.32%) Subversion
1 1 (1.32%) Toad
1 1 (1.32%) Visual Studio
1 1 (1.32%) XMLSpy
1 1 (1.32%) Yeoman
General
1 45 (59.21%) Finance
2 43 (56.58%) Banking
3 38 (50.00%) Front Office
4 27 (35.53%) Investment Banking
5 3 (3.95%) Back Office
6 1 (1.32%) Advertising
Job Titles
1 33 (43.42%) Analyst
2 28 (36.84%) Business Analyst
3 24 (31.58%) Developer
4 14 (18.42%) Credit Analyst
5 12 (15.79%) Murex Analyst
5 12 (15.79%) Murex Business Analyst
5 12 (15.79%) Quantitative Developer
5 12 (15.79%) Risk Analyst
6 11 (14.47%) Investment Banking Business Analyst
7 9 (11.84%) Credit Risk Analyst
7 9 (11.84%) Credit Risk Manager
7 9 (11.84%) Front Office Business Analyst
7 9 (11.84%) Risk Business Analyst
7 9 (11.84%) Risk Manager
8 8 (10.53%) FX Business Analyst
8 8 (10.53%) Senior Analyst
8 8 (10.53%) Senior Business Analyst
9 7 (9.21%) C++ Developer
9 7 (9.21%) Front Office Developer
9 7 (9.21%) Senior Investment Banking Business Analyst
Libraries, Frameworks & Software Standards
1 11 (14.47%) XML
2 6 (7.89%) Boost C++ Libraries
2 6 (7.89%) STL
3 3 (3.95%) .NET
3 3 (3.95%) AngularJS
3 3 (3.95%) HTML
3 3 (3.95%) Spring
3 3 (3.95%) Spring Integration
4 2 (2.63%) FIX Protocol
4 2 (2.63%) HTML5
4 2 (2.63%) Web Services
4 2 (2.63%) WebSphere MQ
4 2 (2.63%) XML Messaging
5 1 (1.32%) CSS
5 1 (1.32%) FpML
5 1 (1.32%) Gherkin
5 1 (1.32%) JMS
5 1 (1.32%) React
5 1 (1.32%) Twitter Bootstrap
5 1 (1.32%) WPF
Miscellaneous
1 74 (97.37%) Derivative
2 37 (48.68%) Credit Risk
3 29 (38.16%) Foreign Exchange (FX)
4 22 (28.95%) Fixed Income
5 17 (22.37%) Market Risk
5 17 (22.37%) Mathematics
6 10 (13.16%) Equities
7 6 (7.89%) Computer Science
8 4 (5.26%) Interest Rate Derivative
9 2 (2.63%) Analytical Skills
9 2 (2.63%) Grid Computing
9 2 (2.63%) Physics
9 2 (2.63%) Reference Data
10 1 (1.32%) Equity Derivative
10 1 (1.32%) PMI
Operating Systems
1 9 (11.84%) Windows
2 8 (10.53%) Linux
3 1 (1.32%) Unix
Processes & Methodologies
1 35 (46.05%) Risk Management
2 13 (17.11%) Agile Software Development
2 13 (17.11%) Multithreading
3 12 (15.79%) Validation
4 10 (13.16%) Monte Carlo Method
5 9 (11.84%) Risk Assessment
5 9 (11.84%) Translating Business Requirements
6 7 (9.21%) Business Analysis
7 6 (7.89%) Analytics
7 6 (7.89%) Data Analysis
7 6 (7.89%) Scrum
7 6 (7.89%) SDLC
7 6 (7.89%) User Acceptance Testing
8 5 (6.58%) OO
9 4 (5.26%) Migration
9 4 (5.26%) Software Engineering
9 4 (5.26%) Stakeholder Management
9 4 (5.26%) Stress Testing
9 4 (5.26%) TDD
10 3 (3.95%) Use Case
Programming Languages
1 26 (34.21%) C++
2 25 (32.89%) C#
3 15 (19.74%) Python
3 15 (19.74%) SQL
4 3 (3.95%) Java
5 2 (2.63%) C
5 2 (2.63%) R
6 1 (1.32%) MATLAB
6 1 (1.32%) Scala
6 1 (1.32%) T-SQL
Qualifications
1 10 (13.16%) PhD
2 5 (6.58%) Degree
3 1 (1.32%) PMI Certification
3 1 (1.32%) PMP
Quality Assurance & Compliance
1 9 (11.84%) QA
2 1 (1.32%) Basel III
2 1 (1.32%) COREP
2 1 (1.32%) CRD IV
2 1 (1.32%) EMIR
2 1 (1.32%) ISO20022
2 1 (1.32%) MiFID
Vendors
1 15 (19.74%) Murex
2 4 (5.26%) Bloomberg
3 3 (3.95%) ION Trading
3 3 (3.95%) Oracle
3 3 (3.95%) SunGard
4 2 (2.63%) Calypso
4 2 (2.63%) Sybase
5 1 (1.32%) Cloudera
5 1 (1.32%) FactSet
5 1 (1.32%) Perforce
5 1 (1.32%) Red Gate
5 1 (1.32%) Sencha
5 1 (1.32%) Thunderhead
5 1 (1.32%) Tradeweb
London
TEKsystems
Rate: £550 - £650 per day
Posted: 5 days ago
City of London
Huxley
Rate: £550 - £650 per day + competitive
Posted: 5 days ago
City of London
Hays London City Cheapside
Rate: £450.00 - £520.00 per day
Posted: 18 days ago